A family of four had outgrown their current residence and were looking for a cash out loan to add on to their existing property. They also hoped to build out a large deck in the backyard for barbecues.
With my extensive network of real estate industry colleagues, I was able to help the homeowner procure an appraisal showing enough equity in the property in its current condition for the borrower to take enough cash to create his new dream house for his family.
He turned a 2 bedroom/1 bath into a 3 bedroom/2 bath in Castro Valley, and yes, they are now enjoying that deck.
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